Are Buyers Avoiding Your Listing? Strategies to Revive a Stale Listing In CT

By
Real Estate Broker/Owner with Dave Jones Realty, llc. 0789397

Are Buyers Avoiding Your Listing? Strategies to Revive a Stale Listing In Connecticut

 

It may seem like every listing sells the first weekend these days but as the market begins to slow down, more sellers are facing the dilemma of an aging listing. If your listing has been on the market for a while, buyers naturally assume that there is something wrong with the home and avoid viewing the home. and avoid viewing the home. Fortunately, there are strategies to renew the listing and re-engage buyers' interest.

If you listing is losing steam, the first step is to understand why. Typically, if a home is not getting offers, it's priced too high. Even homes in terrible condition will sell quickly for the right price. In a market where homes are selling quickly, it's common for sellers to assume they can push their listing price even higher, but savvy buyers and agents will reject overpriced homes.

Another strategy is to put the home on hold and make a few updates. In most cases, simply adding a fresh coat of paint or new carpet can offer a more appealing look to buyers. In other cases, to guarantee a top price, sellers may need to replace appliances or more. Always weigh the cost in dollars and time before making significant updates.

Finally, some Multiple Listing Services (MLS) allow an agent to refresh the listing by temporarily taking it off the market for a few days and then placing it back on "active" status (with seller authorization). This triggers new alerts to both buyers and agents who are looking for a comparable property. If your listing is not getting the attention it deserves, speak to your agent about your options

Comments (3)

Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Hello Dave and Thank You for sharing this great listing with us here in the Rain.  Make it a great day!


Aug 08, 2022 10:37 AM
George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Dave all three suggestions are very good, but #1 seems to usually be the main reason.

Aug 08, 2022 11:06 AM
Joe Jackson
Keller Williams Capital Partners Realty - Columbus, OH
Clintonville and Central Ohio Real Estate Expert

This is an excellent post with great information. Thanks for sharing it.

Have a super fantastic week!
Joe Jackson, Realtor-KWCP

Aug 08, 2022 12:34 PM